Also very valuable were inputs prepared for the earlier work on
subnational borrowing by AB Asesores, with the assistance of Marcela
Huertas, on the Latin American case studies; Benjamin Darche on the
European and Central Asian case studies; SRIC Corporation, Research
Triangle Institute on the East Asian studies, and Enrique Asturizaga;
and Remy Prud’homme on the African case studies. The initial pro-
ject was encouraged and approved by Frannie A. Leautier, Vice Presi-
dent of the World Bank Institute, and funded by the President’s Con-
tingency Fund under the leadership of Mr. James D. Wolfensohn. The
work was conducted under the supervision of Danny Leipziger, Direc-
tor of the World Bank’s Latin America and the Caribbean Region’s Fi-
nance, Private Sector, and Infrastructure Department. Eleoterio Coda-
to, Anwar Shah, and Clemente del Valle served as internal reviewers.
Useful comments were received from Anjali Kumar and Victor
Vergara and from external reviewers. The book was edited by Meta de
Coquereaumont of Communications Development Inc., and Mary
Fisk, Office of the Publisher, served as production editor.

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